Days Supply of Global Grains Stocks 1960-2012

From 1981 to 2001, the average days supply of global grains stocks was 105 days. But, from 2002-2012, the average days supply fell to 73 days. This goes along way to explain the transition to higher grains prices. And, the shift mirrors similar conditions and forces at play in other natural resources, from oil to copper.

–Gregor

  • http://www.facebook.com/profile.php?id=1154857429 Joe Donohue

    on another note, cola is reversing. See ACI and ANR. Intense high volume reversals last week :)